The Return of Depression Economics and the Crisis of 2008

The New York Times bestseller: the Nobel Prize–winning economist shows how today’s crisis parallels the Great Depression?and explains how to avoid catastrophe. With a new foreword for this paperback edition. In this major bestseller, Paul Krugman warns that, like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression have made a comeback. He lays bare the 2008 financial crisis?the greatest since the 1930s?tracing it to the failure of

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